Manufacturing Engineering Technology Degree from Massachusetts Bay Community College Return on Investment

See what the return on investment is for jobs that someone with a Manufacturing Engineering Technology degree from Massachusetts Bay Community College is likely to work in.

F D C B A
Approximate Total Payment $81,985
Approximate Total Interest $23,204
Monthly Payment $569.34
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in manufacturing engineering technology from massachusetts bay community college

Industrial engineering technologists and technicians

Projection Rating: B+

Median Annual Wage: $62,610

Percentage of Paycheck to Repay: 10.91%-8.12%

Employment Change: 3%

Entry-Level Education: Associate's degree

Mechanical engineering technologists and technicians

Projection Rating: B+

Median Annual Wage: $64,020

Percentage of Paycheck to Repay: 10.67%-7.94%

Employment Change: 0.8%

Entry-Level Education: Associate's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) for a Manufacturing Engineering Technology degree from Massachusetts Bay Community College (MBCC) can help you make an informed choice. This degree offers a pathway to a rewarding career in a rapidly growing field, equipping graduates with the skills necessary to thrive in various manufacturing environments.

The Manufacturing Engineering Technology program at MBCC focuses on practical, hands-on learning, ensuring that students are well-prepared for the demands of the workforce. Graduates benefit from a strong foundation in engineering principles, as well as critical skills in design, production, and quality assurance. This comprehensive approach not only enhances employability but also positions graduates for advancement in their careers.

According to industry reports, the demand for skilled manufacturing professionals is on the rise, with many employers seeking candidates who possess a blend of technical expertise and problem-solving abilities. By earning a degree from MBCC, students can tap into a network of industry connections and gain access to job opportunities that may not be available to those without formal training.

Financially, the ROI of a Manufacturing Engineering Technology degree is compelling. Graduates can expect to earn competitive salaries, often significantly higher than those of individuals without a degree. Furthermore, many employers offer benefits such as tuition reimbursement and continuing education opportunities, further enhancing the long-term financial rewards of this educational investment.

In conclusion, a Manufacturing Engineering Technology degree from Massachusetts Bay Community College not only provides essential skills for a successful career but also offers a strong return on investment. With the combination of hands-on experience, industry relevance, and a supportive educational environment, graduates are well-equipped to meet the challenges of the modern manufacturing landscape and achieve their professional goals.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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